“As in their previous work, ‘World Economy/Big Prediction’ (Kappa Publishing, Tokyo, from 1984), the authors base their long-term view on the assumption that modernization of the developing world will be the engine of world economic growth in the future.”

The CFG perspective is that global imbalances are themselves caused by deeper “plate tectonics” which will lead to “seismic shifts.” A reviewer of some of our Japanese-language CFG books from the 1980’s says of our analyses of these tectonics and seismic shifts:

“As in their previous work, ‘World Economy/Big Prediction’ (Kappa Publishing, Tokyo, from 1984), the authors base their long-term view on the assumption that modernization of the developing world will be the engine of world economic growth in the future.”

(for the full review and our forecasts from as far back as the 1980’s, see:

“Even to a reader who doesn’t agree with this prediction, this book should be stimulating. For example, it sees a connection between the invasion of Lebanon by the Israeli army in the spring of 1982 and the default by Mexico in the summer of the same year. A “hypothesis” like this is well worth our notice. It is this kind of strategic thinking that views and understands international situations as an organic whole, without being fooled by the flood of information from the mass media, that the Japanese need today, and with which the book wanted to provide readers.”